The regulator amended the Infrastructure Investment Trusts Regulations
Under the new framework, the pricing formula for allotment of units under preferential issue would be the Volume-Weighted Average Price (VWAP) of weekly highs and lows for 90 trading days or 10 trading days, whichever is higher.
The infrastructure investment trust can truly be a force multiplier that could significantly prop up investor confidence
According to the Crisil, the amendments in InvIT regulations by the Sebi has accelerated adoption of the financial instrument as an asset class.
The first Infrastructure Investment Trusts (InvIT) listing is expected soon, which could be from the house of Sterlite Power - India Grid. CNBC-TV18's Nisha Poddar caught up with Pratik Agarwal, CEO and Harsh Shah, CFO of India Grid to understand InvIT as a product and what it is that the company is offering in this Rs 2,600 crores fund raise.
Mutual fund schemes investing in REITs and infrastructure investment trusts (InvITs) will have to give 15-day time to unit-holders to exercise exit option, Sebi said today.
According to India Ratings & Research, infrastructure deals, especially in road sector, in the form of Infrastructure Investment Trusts (InvITs), is likely to gain traction in 2017. “We estimate Rs 0.4 trillion (Rs 400 R
The move comes after Sebi in its board meeting last month permitted mutual funds to invest in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).
The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs 50,000 crore in the near-term, given the interest shown by certain players in the infra and real estate space, according to a report.
nvITs not only enable developers to recycle equity in large commissioned projects by selling them to long-term institutional investors like pension funds, insurers, MFs and retail investors, but also provide investors with steady and stable returns together with some inflation hedge.
According to a report by FICCI-Centrum, in the next couple of years, infrastructure investment trusts (InvITs) are slated to pick up and have the potential of unlocking USD 5-7 billion from assets, primarily in R
IRB Infrastructure Developers on Thursday said IRB InvIT Fund, an infrastructure investment trust, has filed draft red herring prospectus with SEBI for Rs 4,300 crore initial public offering.
To attract more entities to set up Infrastructure Investment Trusts, SEBI proposed an elaborate framework for financial disclosures in the offer document as well as for valuation of the units held by InvITs
With an aim to make REITs more attractive to investors, markets regulator Sebi plans to relax its norms to allow these Trusts to invest more in under-construction assets and have a larger number of sponsors
To help the newly-introduced Infrastructure Investment Trusts (InvITs) gain further traction, markets watchdog SEBI on June 1 proposed easing of norms for these instruments, including by reducing the mandatory sponsor holding to 10 per cent, from the current 25 percent
The much-awaited Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) are likely to be launched in the country next year, says a study
With Infrastructure Investment Trusts (InvITs) failing to catch sufficient attention, markets watchdog SEBI on May 19 proposed relaxation in norms including by reducing the mandatory sponsor holding to hold 10 percent
The country may soon get its very first Infrastructure Investment Trusts (InvITs), with the markets regulator SEBI approving two of the four applications received by it for setting up such entities
The Securities and Exchange Board of India (Sebi), in 2014, had introduced InvITs -- an investment vehicle which would enable promoters to monetise completed assets -- to make it easier to raise funds for infrastructure projects.
The new norms for the public issuance of InvITs pertain to appointment of merchant bankers, disclosures in the offer documents, filing of draft papers and keeping them in the public domain for at least 21 days.
Sebi is also gearing up for significant steps to deepen the corporate bond market to develop a market-based financing framework for companies, while it also expects instruments like Muni Bonds and Infrastructure Investment Trusts (InVITs) to get a leg-up in financial year 2016-17, beginning April 1.
Global private equity players and sovereign wealth funds are likely to participate in the two-day summit, expected to begin on February 4. Key ministries like Finance, Roads, Highways and Transport, Oil and Gas, Urban Development and Railways will also engage in the function.
Jayant Mhaiskar, Vice Chairman and Managing Director of MEP Infra says that MEP has won the bid the second time in succession and it will add Rs 81-82 crores to the company‘s revenues.
In last year‘s Budget, the government had allotted around Rs 1000 crore for solar power projects
Tax incentives are key to the success of Real Estate Investment Trusts (Reits) and Infrastructure Investment Trusts (InvITs), a senior Sebi official has said.